A short opportunity for a solid profit reward ratio of about 1:5
Confluences of short term supply zone + head and shoulders pattern breakout + 4H TF trendline touch for our solid entry Zone.
Keep your eyes on divergences to make sure for more conservative traders on this opportunity.
Happy Trading month to all.
Confluences of short term supply zone + head and shoulders pattern breakout + 4H TF trendline touch for our solid entry Zone.
Keep your eyes on divergences to make sure for more conservative traders on this opportunity.
Happy Trading month to all.
Comment:
I would add a stop loss buffer to this trade to 1256.10 to increase the probabilities of ending this trade in our favour.
Comment:
I reentered again at 1258.73 just now for a short with stop loss 1261
Thnx guys
Thnx guys